DENVER, CO, April 14, 2010 /24-7PressRelease/ -- Oniqua Enterprise Analytics (www.oniqua.com), the leading provider of MRO analytics solutions for asset-intensive organizations, today announced that Drummond Company, Inc. (www.drummondco.com) has chosen Oniqua Analytics Suite (OAS) to improve operational efficiencies, reduce costs and minimize risk across its inventory management initiatives.
Drummond Company, Inc. is a diversified multinational corporation with business activities in coal mining and processing, worldwide coal marketing organization, Coke production and marketing, residential and commercial real estate development and numerous other integrated business sectors.
Drummond Company controls reserves totaling over 2 billion tons and shipped approximately 30 million tons of coal in 2008.
"Finding a delicate balance between the need to minimize inventory holdings while avoiding costly stock outs and potential production downtime is a major challenge for every asset-intensive organization," stated Lindsay Clarke, President, North and South American Operations, Oniqua. "This task is particularly difficult for remote mining operations as they have to balance long lead times for critical maintenance spares with the importance of maintaining high levels of production. Oniqua helps Drummond Company and many of the world's largest mining companies overcome these challenges by helping them make smarter asset-related decisions across their operations."
About Oniqua
Headquartered in Brisbane, Australia, and with offices in North America, Africa and Asia, Oniqua (www.oniqua.com) provides best-in-class Asset Performance Management (APM) solutions that improve the operational efficiencies and business performance of asset-intensive organizations. With advanced analytics capabilities, cross-functional integration, data cleansing services and seasoned industry expertise, Oniqua helps customers realize tangible benefits faster than any other APM provider. Oniqua is proud to serve the world's leading companies in the oil and gas, mining, utilities and transportation industries, including ConocoPhillips, BP, Hawaiian Electric, ActewAGL, Orange County Transportation Authority, Vale, Rio Tinto, Anglo Coal, BHP Billiton, Newmont Mining, Alcoa, Xstrata and Freeport McMoRan.
# # #